Banking Exams Exam  >  Banking Exams Questions  >   Direction: Answer the following questions fr... Start Learning for Free
Direction: Answer the following questions from data mentioned in caselet.
Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.
Q. Find the wrong answer from the following
  • a)
    Ratio of total number of smart app registrations to registration with bank A is 30 : 113
  • b)
    Ratio of total number of smart app registrations to registration with bank A is 30 : 113
  • c)
    Difference between total number of common registrations and that with only bank B is 15,000
  • d)
    Number of smart application registrations with only bank C is 112,500
  • e)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Direction: Answer the following questions from data mentioned in case...
Given
Number of customers with bank A = 300,000
Number of customers with bank C = 300,000 × 1.5 = 450,000
Number of customers with bank B = 250,000 (i.e. 300,000 – 50,000)
Common registrations in bank B and C = 20,000
Formula used:
Required Percentage =
Number of registered customers with bank A = 0.25 × 300,000 = 75,000
Number of registered customers with bank C = 0.35 × 450,000 = 157,500
Number of registered customers with Bank B = 0.20 × 250,000 = 50,000
Number of common registrations between bank B and C but not with A = 10% of customers. Bank B’s registered customers
= 5,000 (i.e. 10% of 50,000)
Ratio of common registrations between bank B with bank C to Bank A with bank B = 1 : 3
⇒ Common registration between Bank A and Bank B but not C = 3 × 5000 = 15000
⇒ Bank A, B and C has 2% of common registration from total customers = 0.02 × 1,000,000 = 20,000
⇒ Values in Venn diagram includes only A, only B and only C
Number of total smart application registrations = 75,000 + 157,500 + 50,000 = 282,500
Ratio of total number of smart app registrations to registration with bank A = 75000 : 282,500 = 30 : 113
Difference between total number of common registrations and that with only bank B = 20,000 – 10,000 = 10,000
So, option (C) is incorrect since its mentioned 15,000 and not 10,000.
Hence, the correct option is (C).
Explore Courses for Banking Exams exam
Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Answer the following questions from data mentioned in caselet.Three banks A, B and C started their smart application services together in month of March, 2020. 25% customers of Bank A, 35% of Bank C and 20% customers of Bank B registered themselves for the applications. Number of customers in Bank C is 1.5 times than Bank A and number of customers in Bank A is 50,000 more than Bank B. Number of customers in bank A is 300,000. It should also be noted that Bank B has 10% of its registered customers as common with bank C. Ratio of common registrations between bank B with bank C to Bank A with bank B is 1 : 3. Bank A and C have 20,000 common registrations. From the total customers of all three banks, 2% have registered on smart application with all three banks. It should be noted that the data of common registrations are only between two banks mentioned hence the third bank is excluded.Q. Find the wrong answer from the followinga)Ratio of total number of smart app registrations to registration with bank A is 30 : 113b)Ratio of total number of smart app registrations to registration with bank A is 30 : 113c)Difference between total number of common registrations and that with only bank B is 15,000d)Number of smart application registrations with only bank C is 112,500e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev